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tax rebate singapore 2016

Apply for Not Ordinarily Resident (NOR) scheme.
Various support schemes will be reviewed.
Qualifying donations made from January 1, 2016 until December 31, 2018 would generate a 250 percent tax deduction.
Tax reliefs are also available for employees and self-employed Singapore citizens and Permanent Residents who make voluntary contributions to their Medisave account.In addition to encouraging voluntary savings, the SRS scheme also helps you make tax savings.In the case of your spouse of siblings, you will not be able to claim tax-reliefs for cash top-ups, if gogo gear coupon code their annual income exceeds S4000.Under the scheme, you can defer tax payment on gains from stock options to up to five years.Trade Associations and Chambers (TACs) will reach out to firms, particularly SMEs.Refer to our introductions below, tagged: singapore company registration, corporate tax, regional headquarter, tax rebate, iras, foreign worker levy, working capital loan.While the amount of tax relief is determined by the iras regulations, you would qualify if two conditions are satisfied.If you are self-employed, business expenses related to upgrading fixed assets as well as employee training expenses are tax-deductible too.First, you are eligible for the concession of time-apportionment of employment income if you have been outside Singapore for business for at least 90 days, and your employment income is above 160,000 during the same year.It will catalyze 2b of loans over 2 years.Additionally, 25 percent of the remaining amount of gains from esop or esow plans will also be considered exempt.The government will shoulder up to 50 of the cost of qualified automation projects, with a maximum grant.Spring will partner with TACs on 30 projects to reach 3,000 SMEs.Automation Support Package for an initial period of 3 years.